Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022.
Federal Reserve Governor Christopher Waller, citing a string of data showing that inflation appears to be easing, said Tuesday that he does not think further interest rate increases will be necessary.
Yet Waller said he's not ready to back interest rate cuts.
Markets have had to recalibrate their expectations for monetary policy this year.
In the early months, futures markets traders priced in at least six rate cuts this year starting in March.
Persons:
Christopher Waller, Waller, he's
Organizations:
US Federal Reserve, Washington , D.C, Federal, Peterson Institute for International Economics, Market, Labor Department
Locations:
Washington ,, Washington